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LOHJA, FINLAND – Electronics manufacturing OEM Photonium Oy purchased a 55% stake in Mikkeli, Finland-based Akseli Lahtinen Oy. The companies did not disclose other financial information.

The deal called for Laskentaneliö Ky, Tuomo Honkanen and Rauno Suoniemi to each sell 18% of their holdings to Photonium. Photonium holds an option to purchase the remaining shares within the next three years.

Photonium designs and manufactures lines for optical fiber manufacturing and electronics manufacturing automation.

Akseli Lahtinen designs and manufactures automation products.

ARLINGTON, VA – Electronic component orders bounced back in December after two sub-par months, the Electronic Components Association said today. The trade group forecasts 2008 will see similar results. Read more ...
CARLSBAD, CA – Asymtek and YesTech today announced a jointly developed process for tracking and validating placement and accuracy of dispensed fluid dots.
Read more ...

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